Tag Archives: BWise

Nasdaq’s BWise Releases New Information Security Solution

BWise(R) InfoSec Sets New Standards for Ease of Implementation, Integration and Use

NEW YORK, Oct. 21, 2015 (GLOBE NEWSWIRE) — Nasdaq’s BWise (Nasdaq:NDAQ), a global leader in enterprise Governance, Risk Management and Compliance (eGRC), today announced the release of its new solution: BWise(R) Information Security (InfoSec), at its Global BWise Customer Summit in New York.

BWise(R) InfoSec will help enterprises ensure they meet all relevant information security regulations, industry standards and contractual obligations. This will enable them to manage the constant stream of changes in their IT environment more easily.

The solution, based on the analyst-recognized BWise(R) GRC platform, helps enterprises protect themselves from IT risks, reducing the burden of IT compliance and streamlining the reporting process.

“BWise is the cornerstone of our GRC portfolio,” said Adena Friedman, President, Nasdaq, during the Global BWise Customer Summit in New York. “By integrating information security within the BWise GRC platform we can take a targeted approach to risk assessment, enabling Chief Information Security Officers to focus on the most pressing IT risks, including cyber threats. This new solution is among the first results from our increased investment in R&D in 2015. We believe with BWise InfoSec we can disrupt the world of information security technology.”

Luc Brandts, CTO of BWise, added, “We conducted extensive user review sessions and involved analyst experts throughout the development process. As a result, we know the solution will set new standards for ease of implementation, integration and use.”

BWise InfoSec helps users implement treatment plans for remediation and ensure appropriate follow up of non-conformities. Its strong reporting capabilities allow users to generate a Statement of Applicability, as defined by ISO 27001, and a security assessment report – directly from the application with a single click.

The solution can integrate with vulnerability scanners, security incident and event monitoring tools, baseline analyzers, and IT incident ticketing tools. It offers real-time insights into the threats and vulnerabilities that may affect an organization’s information security management system.

The Global BWise Customer Summit is an exclusive forum for the international BWise GRC community to discuss the latest GRC trends and developments.

For more information, visit http://www.bwise.com/.

About Nasdaq
Nasdaq (Nasdaq:NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets. As the creator of the world’s first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world’s securities transactions. Nasdaq is home to more than 3,600 listed companies with a market value of approximately $9.6 trillion and more than 10,000 corporate clients. To learn more, visit: nasdaq.com/ambition or business.nasdaq.com.

About BWise
Nasdaq’s BWise is a global leader in Enterprise Governance, Risk Management and Compliance (GRC) software. Based on a strong heritage in business process management, the BWise(R) GRC Platform provides companies with highly-rated, proven software solutions for Risk Management, Internal Control, Internal Audit, Compliance & Policy Management, IT GRC and Sustainability Performance Management.

BWise’s end-to-end solutions support an organization’s ability to understand, track, measure, and manage key organizational risks. BWise helps companies truly be in control by balancing performance with their financial and reputational risks, improving corporate accountability, increasing financial, strategic and operating efficiencies. Using BWise, organizations are able to efficiently comply with anti-corruption regulations like FCPA and the UK Bribery Act, the Sarbanes-Oxley Act, European Corporate Governance Codes, ISAE3402/SAS-70, PCI-DSS, Solvency II, Basel II and III, Dodd-Frank, ISO-standards, and many more.

Nasdaq’s BWise sales, service and support offices around the globe provide for the GRC needs of hundreds of leading companies worldwide. For more information, visit www.bwise.com.

NDAQG

CONTACT: For Media Inquiries:

Nasdaq:
Ryan Wells
ryan.wells@nasdaq.com
Direct: +44 (0) 20 3753 2231
Mobile: +44 (0) 7809 596 390

NASDAQ OMX’s BWise and Zener IT Solutions & Systems Agree to Partnership

Offers Best-of-Industry Governance, Risk Management and Compliance (GRC) Software and Services in the United Arab Emirates

ABU DHABI, United Arab Emirates and DEN BOSCH, The Netherlands, Sept. 2, 2014 (GLOBE NEWSWIRE / Knowledgebylanes) — NASDAQ OMX’s (Nasdaq:NDAQ) BWise, the leading provider of enterprise Governance, Risk Management and Compliance (eGRC) software, today announced it has entered into a partnership agreement with Zener IT Solutions & Systems, a division of Zener Electrical & Electronics Services LLC, and a leading consulting and solution provider headquartered in the United Arab Emirates (UAE). This partnership agreement offers organizations in the UAE local access to complete sales, implementation and support for the industry-leading BWise(R) GRC Platform.

Ramessh Aidaasanii, Division Manager (IT) of Zener IT Solutions & Systems said, “GRC is a growing priority for many organizations in the Middle East, many organizations are interested in implementing GRC solutions. We are excited to join forces with such a global leader in GRC like BWise. Together we offer a ‘one-stop-shop’ for GRC software and services.”

Zener IT Solutions & Systems and BWise will join forces in the region to help clients improve business performance, while managing operational, financial and reputational risks including the risk of non-compliance. BWise has multiple integrated role-based solutions to support these GRC processes as well as professional services and support more than two decades experience gained from hundreds of enterprise customers around the world.

Rob van Straten, BWise Global Head of Sales said, “The partnership with Zener increases the ability for NASDAQ OMX’s BWise to engage with new clients in the region as well as increase our capacity to support existing customers as they extend their GRC implementations throughout their organizations. Zener has an excellent reputation as a provider of professional services with a high level of integrity and entrepreneurial approach in the Middle East. Zener is an ideal fit with our company values and we look forward to partnering with them.”

About BWise

BWise, a NASDAQ OMX company, is a global leader in Enterprise Governance, Risk Management and Compliance (GRC) software. Based on a strong heritage in business process management, the BWise(R) GRC Platform provides companies with highly-rated, proven software solutions for Risk Management, Internal Control, Internal Audit, Compliance & Policy Management, IT GRC and Sustainability Performance Management.

BWise’s end-to-end solutions support an organization’s ability to understand, track, measure, and manage key organizational risks. BWise helps companies truly be in control by balancing performance with their financial and reputational risks, improving corporate accountability, increasing financial, strategic and operating efficiencies. Using BWise, organizations are able to efficiently comply with anti-corruption regulations like FCPA and the UK Bribery Act, the Sarbanes-Oxley Act, European Corporate Governance Codes, ISAE3402/SAS-70, PCI-DSS, Solvency II, Basel II and III, Dodd-Frank, ISO-standards, and many more.

BWise sales, service and support offices around the globe provide for the GRC needs of hundreds of clients, including: adidas, AEGON, AG2R La Mondiale, Ahold, AngloGold Ashanti, Carnegie, Health Alliance Plan (HAP) of Michigan, Liebherr, Marathon Oil, Southern Company, Swiss Life, and Transcontinental. For more information, visit www.bwise.com. Follow us on LinkedIn, and Twitter.

About Zener IT Solutions & Systems

Zener IT Solutions & Systems has a proven track record of offering GRC solutions, services and consultancy to the customers from all verticals in BFSI, Oil & Gas, Manufacturing, Retail, Government, Investment, Education and hospitality sectors. Zener is a leading consulting and solution provider firm with offices in the Middle East. The IT Solutions and Systems division provides a comprehensive service covering all areas of Information Technology, combining the proven track record and expertise that enable its clients to minimize risk and maximize opportunity.

More information

Click here to view our news room for more information about BWise.

CONTACT: Maddy van den Berg
BWise, a NASDAQ OMX company
Marketing Manager
madeleine.vandenberg@bwise.com
+31 (0)73 6464915
www.bwise.com

Syed Bakhthiyar Bukhari
Business Development & Marketing | Zener IT Solutions & Systems
P.O. Box 3905
Abu Dhabi | United Arab Emirates
Tel: +971-2-4040700 Ext : 106 | Fax: +971-2-5585286
Mob: +971-50-4436104
sbukhari@zeneradh.com

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2013 a Year of Accelerated Growth for BWise

Industry-Leading Integrated Governance, Risk Management and Compliance Software Platform Reports Enhancements to Support Continued Growth and Customer Demand

NEW YORK and ‘DEN BOSCH, the Netherlands, Dec. 19, 2013 (GLOBE NEWSWIRE ) — BWise, a NASDAQ

OMX company and the leading provider of enterprise Governance, Risk Management and Compliance (eGRC) software, today announced 2013 achievements that set the course for next year.

“Since BWise was acquired by The NASDAQ OMX Group in May 2012, we have extended and increased our scale for client service, product R&D and integration as well as sales on a global basis. This year has been a very positive year as we are now beginning to leverage the power and the benefits fueled by the acquisition. In 2013 we made strategic business and solution enhancements to complement this growth and the synergy of this with the acquisition supports our future plans,” commented Robert Pijselman, BWise CEO.

In 2013 BWise bridged geographic gaps to achieve complete global service and support coverage with the addition of local representation in the final two regions, Asia Pacific and the Middle East / Africa. This was accomplished both directly through new employees and new offices and via the BWise Global Alliance Program. The Global Alliance Program is a mutually beneficial program that enables global and regionally-based GRC specialists to participate in the program where they are trained and certified to represent BWise first- hand with clients as a reseller or as an implementation and services partner.

In addition, we developed an integration between the NASDAQ OMX / SMARTS trade surveillance platform and BWise. As a result we successfully implemented several joint projects spanning from project scoping through implementation for compliance teams.

Meanwhile, multiple new opportunities for enhanced client support to existing clients were introduced in 2013. First, on a self-serve basis, BWise clients can now participate in the newly created Customer Community which was developed to foster more real-time expert and user interaction. Second, in response to client requests, BWise introduced a new Quarterly Notification that is a summary level narrative of software functional enhancements and technical information for BWise users between releases.

In addition, a new role titled Client Service Manager was created to help BWise clients after the sales and implementation phase as an ongoing company touch point in their GRC journey. This assigned BWise contact is also the client’s advocate for role based functional enhancements and future innovations to help them keep up with best practices.

Lastly, 2013 was also a year of technological enhancements for the BWise(R) GRC Platform.

Early in the year, data analytics capabilities which bring two worlds together were further defined within the role-based solutions. BWise(R) Continuous Monitoring / Continuous Auditing enable the automated collection of data from multiple systems and databases, as well as the automatic analysis of that information. It enables audit, compliance, internal control and risk management departments to execute internal controls and measure risks throughout the entire organization. This integration allows systems and processes to be monitored, data analyzed and the supporting teams to be notified of any anomalies. BWise Continuous Monitoring (CM) / Continuous Auditing (CA) now enable clients, to continuously monitor millions of bytes of information for compliance daily.

BWise introduced three Rapid Deployment Solutions in 2013. The RDSs for Internal Audit, Risk Management and Internal Control are based on BWise best practices content gained from more than 20 years in the industry. These solutions can quickly help a client safeguard itself against the risks of regulatory non-compliance and reputational risk. Customers starting with one RDS can easily add one of the others as each is designed to integrate seamlessly.

The first of several integrated content providers from industry-leading partners was added to BWise. Unlike other solutions, BWise can now directly integrate governmental regulatory alerts already customized for relevance and specific business impact.

BWise capped a momentous year with a major release of its platform focused on supporting GRC professionals in multiple departments and roles within the organization. New features and functionality centered on streamlining ordinary workflows thus freeing time for higher order tasks.

“This year has been a super-charged year of growth for BWise. Two-thousand-thirteen will be one we reflect on as a year that propelled us to new levels of team and client support development, as well as increased business opportunities. I look forward to looking back on this one as the conclusive on ramp to GRC industry leadership,” said Luc Brandts, BWise CTO and Founder.

About BWise
BWise, a NASDAQ OMX company, is a global leader in Enterprise Governance, Risk Management and Compliance (GRC) software. Based on a strong heritage in business process management, the BWise(R) GRC Platform provides companies with highly-rated, proven software solutions for Risk Management, Internal Control, Internal Audit, Compliance & Policy Management, IT GRC and Sustainability Performance Management.

BWise’s end-to-end solutions support an organization’s ability to understand, track, measure, and manage key organizational risks. BWise helps companies truly be in control by balancing performance with their financial and reputational risks, improving corporate accountability, increasing financial, strategic and operating efficiencies. Using BWise,

organizations are able to efficiently comply with anti-corruption regulations like FCPA and the UK Bribery Act, the Sarbanes-Oxley Act, European Corporate Governance Codes, ISAE3402/SAS-70, PCI-DSS, Solvency II, Basel II and III, Dodd-Frank, ISO-standards, and many more.

BWise sales, service and support offices around the globe provide for the GRC needs of hundreds of clients, including: adidas, AEGON, AG2R La Mondiale, Ahold, AngloGold Ashanti,

Carnegie, Health Alliance Plan (HAP) of Michigan, Liebherr, Marathon Oil, Southern Company, Swiss Life, and Transcontinental. For more information, visit www.bwise.com. Follow us on LinkedIn, Facebook and Twitter.

More information
Click here to view our news room for more information about BWise.

CONTACT: BWise, a NASDAQ OMX company
Clarinda Dobbelaar
VP Marketing
clarinda.dobbelaar@bwise.com
+31 (0)73 6464915
www.bwise.com

The post 2013 a Year of Accelerated Growth for BWise appeared first on AsiaNet-Pakistan.

BWise and Atheeb Netsol Host Round Table in Riyadh

Integrated Governance, Risk Management and Compliance Best Practices in Complex Regulatory Environments Spur Lively Discussions

RIYADH, Saudi Arabia and DEN BOSCH, Netherlands, Dec. 16, 2013 (GLOBE NEWSWIRE ) — BWise, a subsidiary of NASDAQ OMX and the leading provider of enterprise Governance, Risk Management and Compliance (eGRC) software, co-hosted a Round Table with its business partner Atheeb NetSol Saudi Company Limited December 3rd in Riyadh. Industry experts exchanged best practices, practical advice and experiences about GRC implementations.

The Round Table brought more than 30 thought leaders and business executives from the region together for discussions on the top risks and challenges organizations are facing in today’s ever changing regulatory business environment. BWise presented best practices on how to manage Governance, Risk Management and Compliance (GRC) activities in an integrated manner to reduce the costs and burden of compliance and increase transparency while managing company risks. BWise also shared other GRC best practices, trends, and implementation strategies.

“Based on our current customer base and the high turnout at this GRC Round Table, we see the GRC industry in the Kingdom of Saudi Arabia as a quickly maturing and fast growing market.

Saudi Arabian companies are adopting and creating industry best practices using sophisticated GRC technologies that enable them to gain more control over their key organizational, financial, and IT risks. It was a pleasure to interact with an audience of senior executives in Internal Audit, Risk Management, Internal Control, Compliance and IT GRC from leading enterprises in financial services and other industries. Our local partner ANSCL created an excellent opportunity for networking and idea sharing at this well-organized event. Together we will continue to support the KSA marketplace in mutually servicing and supporting our customers and expanding our client base,” said Rob van Straten, Senior Vice President, BWise.

“This has been an immensely successful event. Under an increasingly demanding regulatory environment, the dynamic business sector of KSA is keenly looking for a solution to their imminent GRC needs; ANSCL and BWise will continue to invest and work together to meet this need,” said Zahid Mirza, Chief Executive Officer, Atheeb Netsol Saudi Company Limited.

About Atheeb NetSol
Atheeb NetSol Saudi Company Limited is a Joint Venture between the Atheeb Group, a large business conglomerate based in the Kingdom of Saudi Arabia, and NetSol Technologies, Inc. (Nasdaq:NTWK), a US multinational company providing IT solutions and services to global customers. It combines Atheeb Group’s significant and diversified presence in the Middle East with NetSol’s mature and highly skilled IT delivery capability and global footprint.

ANSCL combines its in-depth domain expertise with its offshore development strength, to deliver world class IT services and solutions that are most cost effective for its customers in different sectors, from industries including finance, insurance, banking, telecom, health, government, defense and manufacturing. For more information, visit http://www.atheebnetsol.com.

About BWise
BWise, a NASDAQ OMX company, is a global leader in Enterprise Governance, Risk Management and Compliance (GRC) software. Based on a strong heritage in business process management, the BWise(R) GRC Platform provides companies with highly-rated, proven software solutions for Risk Management, Internal Control, Internal Audit, Compliance & Policy Management, IT GRC and Sustainability Performance Management.

BWise’s end-to-end solutions support an organization’s ability to understand, track, measure, and manage key organizational risks. BWise helps companies truly be in control by balancing performance with their financial and reputational risks, improving corporate accountability, increasing financial, strategic and operating efficiencies. Using BWise, organizations are able to efficiently comply with anti-corruption regulations like FCPA and the UK Bribery Act, the Sarbanes-Oxley Act, European Corporate Governance Codes, ISAE3402/SAS-70, PCI-DSS, Solvency II, Basel II and III, Dodd-Frank, ISO-standards, and many more.

BWise sales, service and support offices around the globe provide for the GRC needs of hundreds of clients, including: adidas, AEGON, AG2R La Mondiale, Ahold, AngloGold Ashanti, Carnegie, Health Alliance Plan (HAP) of Michigan, Liebherr, Marathon Oil, Southern Company, Swiss Life, and Transcontinental. For more information, visit www.bwise.com. Follow us on LinkedIn, Facebook and Twitter.

About NASDAQ OMX
The inventor of the electronic exchange, The NASDAQ OMX Group, Inc., fuels economies and provides transformative technologies for the entire lifecycle of a trade – from risk management to trade to surveillance to clearing. In the U.S. and Europe, we own and operate 26 markets, 3 clearinghouses and 5 central securities depositories supporting equities, options, fixed income, derivatives, commodities, futures and structured products. Able to process more than 1 million messages per second at sub-40 microsecond speeds with 99.999% uptime, our technology drives more than 70 marketplaces in 50 developed and emerging countries into the future, powering 1 in 10 of the world’s securities transactions. Our award-winning data products and worldwide indexes are the benchmarks in the financial industry. Home to approximately 3,400 listed companies worth $6 trillion in market cap whose innovations shape our world, we give the ideas of tomorrow access to capital today. Welcome to where the world takes a big leap forward, daily. Welcome to the NASDAQ OMX Century. To learn more, visit www.nasdaqomx.com. Follow us on Facebook (http://www.facebook.com/NASDAQ) and Twitter (http://www.twitter.com/nasdaqomx). (Symbol: NDAQ and member of S&P 500)

More information
Click here to view our news room for more information about BWise.

CONTACT:
BWise, a NASDAQ OMX company
Maddy van den Berg
Marketing Manager
+31 73 6464 915
madeleine.vandenberg@bwise.com
www.bwise.com

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Qatargas Selects BWise to Standardize Its Enterprise Risk Management Program and Increase Efficiency

NEW YORK, DOHA, Qatar and ‘S-HERTOGENBOSCH, Netherlands, Sept. 10, 2013 (GLOBE NEWSWIRE ) — BWise, a NASDAQ OMX company and the leading provider of enterprise Governance, Risk Management and Compliance (eGRC) software, announced today that Qatargas, the world’s largest Liquefied Natural Gas producer,  selected BWise as their preferred supplier for GRC software. Qatargas’ primary objective is to maintain and manage its Enterprise Risk Management (ERM) strategy and to support the integration of its operational risks, associated controls and actions to streamline the ERM process to gain efficiencies.

To support its ERM Program, Qatargas sought a software solution that was able to standardize its risk and controls management practices in one framework that could be embedded across the organization providing one, company-wide risk language. “BWise was selected due to its respected customer base, the flexibility of its platform and its ability to provide tailored reports and dashboards for management on key risk exposures, control requirements and progress on implementing identified actions,” said Rahat Latif, Chief Risk Officer, Qatargas.

Qatargas, based in Doha, Qatar, was established in 1984. The company is the largest Liquefied Natural Gas (LNG) producer in the world, with an annual LNG production capacity of 42 Million Tonnes per Annum (MTA). As a large enterprise with multiple entities and multiple user environments it is important for Qatargas to identify risks, prioritize them and mitigate these risks within every part of the organization, as part of its ERM program.

“BWise is very proud to welcome Qatargas as a new customer. We are expanding in the Middle East and are flattered that Qatargas, the largest LNG supplier in the world, has chosen BWise as its preferred GRC software solution. We look forward to working with Qatargas on its objectives, particularly quality improvements and risk management efficiencies,” said Robert Pijselman, Chief Executive Officer, BWise.

BWise, acquired by NASDAQ OMX in 2012, supports organizations to track, measure and manage key organizational risks using the BWise(R) GRC Platform. BWise is positioned in the Leaders Quadrant of Gartner’s 2012 Magic Quadrant for Enterprise Governance, Risk and Compliance (GRC) Platforms. Request a complimentary copy of the report via www.bwise.com.

About BWise

BWise, a NASDAQ OMX company, is a global leader in Enterprise Governance, Risk Management and Compliance (GRC) software. Based on a strong heritage in business process management, the BWise(R) GRC platform provides companies with highly-rated, proven software solutions for Risk Management, Internal Control, Internal Audit, Compliance & Policy Management, IT GRC and Sustainability Performance Management.

BWise’s end-to-end solutions support an organization’s ability to understand, track, measure, and manage key organizational risks. BWise helps companies truly be in control by balancing performance with their financial and reputational risks, improving corporate accountability, increasing financial, strategic and operating efficiencies. Using BWise, organizations are able to efficiently comply with anti-corruption regulations like FCPA and the UK Bribery Act, the Sarbanes-Oxley Act, European Corporate Governance Codes, ISAE3402/SAS-70, PCI-DSS, Solvency II, Basel II and III, Dodd-Frank, ISO-standards, and many more.

BWise sales, service and support offices around the globe provide for the GRC needs of hundreds of clients, including: adidas, AEGON, Ahold, AngloGold Ashanti, Connexxion, Health Alliance Plan (HAP) of Michigan, LeapFrog, Liebherr, Marathon Oil, Southern Company, Swiss Life, and Transcontinental. For more information, visit www.bwise.com. Follow us on LinkedIn, Facebook and Twitter.

About NASDAQ OMX

The inventor of the electronic exchange, The NASDAQ OMX Group, Inc., fuels economies and provides transformative technologies for the entire lifecycle of a trade – from risk management to trade to surveillance to clearing. In the U.S. and Europe, we own and operate 26 markets, 3 clearinghouses and 5 central securities depositories supporting equities, options, fixed income, derivatives, commodities, futures and structured products. Able to process more than 1 million messages per second at sub-40 microsecond speeds with 99.999% uptime, our technology drives more than 70 marketplaces in 50 developed and emerging countries into the future, powering 1 in 10 of the world’s securities transactions. Our award-winning data products and worldwide indexes are the benchmarks in the financial industry. Home to approximately 3,400 listed companies worth $6 trillion in market cap whose innovations shape our world, we give the ideas of tomorrow access to capital today. Welcome to where the

world takes a big leap forward, daily. Welcome to the NASDAQ OMX Century. To learn more, visit www.nasdaqomx.com. Follow us on Facebook (http://www.facebook.com/NASDAQ) and Twitter (http://www.twitter.com/nasdaqomx). (Symbol: NDAQ and member of S&P 500)

More information

Click here to view our news room for more information about BWise.

CONTACT: BWise, a NASDAQ OMX company
Maddy van den Berg
Marketing Manager
+31 73 6464 915
madeleine.vandenberg@bwise.com
www.bwise.com

The post Qatargas Selects BWise to Standardize Its Enterprise Risk Management Program and Increase Efficiency appeared first on AsiaNet-Pakistan.

NASDAQ OMX’s BWise and Atheeb NetSol Agree to Partnership

Offering Best-of-Industry Governance, Risk Management and Compliance Software and Services to Saudi Arabia

NEW YORK, RIYADH, Saudi Arabia and DEN BOSCH, Netherlands, Aug. 14, 2013 (GLOBE NEWSWIRE ) — NEW YORK, RIYADH, Saudi Arabia and DEN BOSCH, Netherlands, Aug. 14, 2013 (GLOBE NEWSWIRE) — BWise, a NASDAQ OMX company and the leading provider of enterprise Governance, Risk Management and Compliance (eGRC) software, today announced it has entered into a partnership agreement with Atheeb NetSol Saudi Company Limited (Nasdaq:NTWK), a leading IT Solutions & Services Company in the Kingdom of Saudi Arabia and a NASDAQ-listed company. This partnership agreement offers BWise customers in Saudi Arabia local support and implementation resources for the BWise(R) GRC platform.

Atheeb NetSol and BWise will join forces in selling, implementing and supporting the BWise integrated enterprise GRC software platform which enables clients to significantly improve business performance, manage financial and reputational risks and ensure compliance.

“Saudi Arabia is a growing IT-based marketplace where we have recently seen investments focused toward improving business processes as well as enabling business functions through information technology,” said Zahid Mirza, Chief Executive Officer, Atheeb NetSol. “Joining forces with BWise will help us provide a complete solution for the necessary governance, risk management and compliance solutions to different segments of local industries. We have long-term business plans to develop business jointly and to work to provide our skills in consulting, system implementation and support with BWise.”

“Further development of the Saudi Arabian market is a strategic direction for BWise,” said Rob van Straten, Senior Vice President of Sales, BWise. “The partnership with Atheeb NetSol will further enable BWise to engage with new clients in the region, while also increasing the capacity to support our existing customers to help them expanding the BWise platform they have implemented in to other areas of use. Partnering and working with Atheeb NetSol is very valuable as they have an excellent reputation as a provider of professional services to enterprises in Saudi Arabia. Their high level of integrity and entrepreneurial approach are an ideal fit with the BWise values.”

BWise was acquired by NASDAQ OMX in 2012 and supports organizations to track, measure and manage key organizational risks with the BWise(R) GRC Platform. For more information about BWise, please visit www.bwise.com.

About Atheeb NetSol

Atheeb NetSol Saudi Company Limited is a Joint Venture between the Atheeb Group, a large business conglomerate based in the Kingdom of Saudi Arabia, and NetSol Technologies, Inc., a US multinational company providing IT solutions and services to global customers. It combines Atheeb Group’s significant and diversified presence in the Middle East with NetSol’s mature and highly skilled IT delivery capability and global footprint.

ANSCL combines its in-depth domain expertise with its offshore development strength, to deliver world class IT services and solutions that are most cost effective for its customers in different sectors, from industries including finance, insurance, banking, telecom, health, government, defense and manufacturing. For more information, visit http://www.atheebnetsol.com

About BWise

BWise, a NASDAQ OMX company, is a global leader in Enterprise Governance, Risk Management and Compliance (GRC) software. Based on a strong heritage in business process management, the BWise(R) GRC platform provides companies with highly-rated, proven software solutions for Risk Management, Internal Control, Internal Audit, Compliance & Policy Management, IT GRC and Sustainability Performance Management.

BWise’s end-to-end solutions support an organization’s ability to understand, track, measure, and manage key organizational risks. BWise helps companies truly be in control by balancing performance with their financial and reputational risks, improving corporate accountability, increasing financial, strategic and operating efficiencies. Using BWise, organizations are able to efficiently comply with anti-corruption regulations like FCPA and the UK Bribery Act, the Sarbanes-Oxley Act, European Corporate Governance Codes, ISAE3402/SAS-70, PCI-DSS, Solvency II, Basel II and III, Dodd-Frank, ISO-standards, and many more.

BWise sales, service and support offices around the globe provide for the GRC needs of hundreds of clients, including: adidas, AEGON, Ahold, AngloGold Ashanti, Connexxion, Health Alliance Plan (HAP) of Michigan, LeapFrog, Liebherr, Marathon Oil, Southern Company, Swiss Life, and Transcontinental. For more information, visit www.bwise.com. Follow us on LinkedIn, Facebook and Twitter.

More information

Click here to view our news room for more information about BWise

CONTACT: BWise, a NASDAQ OMX company
Clarinda Dobbelaar
VP Marketing
Clarinda.dobbelaar@bwise.com
+31 (0)73 6464915
www.bwise.com